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MELCOR DEVELOPMENTS LTD. ANNOUNCES NORMAL COURSE ISSUER BID

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EDMONTON, Alberta, March 30, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems. The notice provides… [Read More]

FIRM CAPITAL PROPERTY TRUST PROVIDES PORTFOLIO AND ENTITY UPDATE REGARDING COVID-19, ITS FINANCIAL STABILITY AND NORMAL COURSE ISSUER BID

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TORONTO, March 30, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the “Trust”), (TSXV: FCD.UN) is issuing this press release regarding the impact of COVID-19 and information on the financial stability of the Trust. Over the past several weeks, this pandemic has driven business, market and economic turmoil to inconceivable levels. Since 2012 the Trust… [Read More]

SUSTAINABLE INFRASTRUCTURE DIVIDEND FUND NORMAL COURSE ISSUER BID

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CALGARY, Alberta , March 30, 2020 (GLOBE NEWSWIRE) — Sustainable Infrastructure Dividend Fund (the “Fund”) (TSX: INF.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”).  Purchases pursuant to the NCIB will be made in the open market… [Read More]

FIRM CAPITAL PROPERTY TRUST ANNOUNCES STRONG FOURTH QUARTER AND YEAR END RESULTS

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TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report today its financial results for the three and twelve months ended December 31, 2019. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 74 commercial properties with a total GLA of 4,153,997 square feet (2,305,331 square feet… [Read More]

URBANFUND CORP. DECLARES DIVIDEND

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), announces that the Board of Directors of the Company has declared a dividend of $0.0075 per common share… [Read More]

SmartCentres Receives TSX Approval to Proceed with Normal Course Issuer Bid

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TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the Toronto Stock Exchange (the “TSX”) has accepted the notice filed by SmartCentres to establish a normal course issuer bid (“NCIB”) program.  The NCIB program commences on March 31, 2020 and will terminate on March… [Read More]

NEXUS REIT ANNOUNCES EXECUTION OF LEASES AND DEVELOPMENT MANAGEMENT AGREEMENT FOR RICHMOND VALUE-ADD PROJECT AND RSU GRANT

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TORONTO and MONTREAL, March 26, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today that it is progressing with plans to maximize value at its Richmond BC property.   The REIT has entered into lease agreements with two new tenants in respect of approximately 60,000 square feet of space previously… [Read More]

FPI NEXUS ANNONCE LA SIGNATURE DE CONTRATS DE LOCATION ET D’UN CONTRAT DE GESTION DE DÉVELOPPEMENT POUR LE PROJET DE VALEUR AJOUTÉE À RICHMOND, AINSI QUE L’OCTROI D’UNITÉS DE PARTS AVEC RESTRICTIONS

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MONTRÉAL et TORONTO, 26 mars 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui que le plan pour maximiser la valeur de sa propriété située à Richmond (Colombie-Britannique) progressait. Le FPI a conclu des contrats de location avec deux nouveaux locataires pour environ 60 000… [Read More]

WPT INDUSTRIAL REIT ANNOUNCES CLOSING OF US$730 MILLION DISTRIBUTION AND LOGISTICS PORTFOLIO ACQUISITION AND US$600 MILLION EXPANSION TO CREDIT FACILITY

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NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX:WIR.U, WIR.R, WIR.UN – OTCQX: WPTIF) announced today the closing of the previously announced acquisition of a portfolio of 26 U.S. distribution and logistics properties totaling approximately… [Read More]

Timbercreek Financial Corp. announces normal course issuer bid

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TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (the “Company“) announced today that it has obtained the approval of the Toronto Stock Exchange (the “TSX“) to commence a normal course issuer bid (the “NCIB”) with respect to its common shares (the “Shares”). The NCIB will commence on March 30, 2020 and will… [Read More]

Melcor & the REIT announce measures taken to respond to current economic situation

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EDMONTON, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD) and Melcor Real Estate Investment Trust (TSX: MR.UN) today announced a number of the measures taken in response to unprecedented economic challenges brought about by the COVID-19 global pandemic and the drastic drop in the price of Alberta oil. To respond to… [Read More]